Suppose that the accounts receivable turnover ratio of a company is low when compared with other firms

Question:

Suppose that the turnover ratio of a company is low when compared with other firms within its industry. How would this information be useful to the managers of a company?

Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...